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Back Matter

Back Matter »

Source: A Review of the Fiscal Impulse Measure

Series: Occasional Papers

Author(s): Ahsan Mansur , Richard Haas , and Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 May 1986

ISBN: 9780939934607

Keywords: inflation, fiscal impulse, budget balance, fiscal policy, budget deficit

This study was prepared jointly by the Fiscal Affairs and Research Departments of the International Monetary Fund. Since the study was made in preparation for the World Economic Outlook exercise of April 1984, all...

Front Matter

Front Matter »

Source: A Review of the Fiscal Impulse Measure

Series: Occasional Papers

Author(s): Ahsan Mansur , Richard Haas , and Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 May 1986

ISBN: 9780939934607

Keywords: inflation, fiscal impulse, budget balance, fiscal policy, budget deficit

This study was prepared jointly by the Fiscal Affairs and Research Departments of the International Monetary Fund. Since the study was made in preparation for the World Economic Outlook exercise of April 1984, all...

Appendix: Interest Rate- and Exchange Rate-Induced Changes in Budget Balance

Appendix: Interest Rate- and Exchange Rate-Induced Changes in Budget Balance »

Source: A Review of the Fiscal Impulse Measure

Series: Occasional Papers

Author(s): Ahsan Mansur , Richard Haas , and Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 May 1986

ISBN: 9780939934607

Keywords: inflation, fiscal impulse, budget balance, fiscal policy, budget deficit

This section contains a short theoretical exposition of how the budget balance might be adjusted for changes in interest and exchange rates, consistent with purchasing-power-accrual accounting. Adju...

Asset Prices, Monetary Policy, and the Business Cycle

Asset Prices, Monetary Policy, and the Business Cycle »

Source: Asset Prices, Monetary Policy, and the Business Cycle

Volume/Issue: 1994/6

Series: IMF Policy Discussion Papers

Author(s): Garry Schinasi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1994

ISBN: 9781451971927

Keywords: inflation, monetary policy, inflationary pressures, price inflation, monetary fund

The business cycle in several industrial countries during the period 1989-1993 was different from previous post World War II business cycles in important ways. This paper describes the unique character of the recen...

I Introduction

I Introduction »

Source: A Review of the Fiscal Impulse Measure

Series: Occasional Papers

Author(s): Ahsan Mansur , Richard Haas , and Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 May 1986

ISBN: 9780939934607

Keywords: inflation, fiscal impulse, budget balance, fiscal policy, budget deficit

In its World Economic Outlook exercise, the International Monetary Fund uses a quantitative indicator to gauge the direct expansionary or contractionary impulse that fiscal policy exerts on aggregate demand...

II A Brief Review of Alternative Measures for Assessing the Stance and Thrust of Fiscal Policy

II A Brief Review of Alternative Measures for Assessing the Stance and Thrust of Fiscal Policy »

Source: A Review of the Fiscal Impulse Measure

Series: Occasional Papers

Author(s): Ahsan Mansur , Richard Haas , and Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 May 1986

ISBN: 9780939934607

Keywords: inflation, fiscal impulse, budget balance, fiscal policy, budget deficit

It has long been recognized that the actual budgetary position of a government may be a misleading indicator of the thrust of fiscal policy, because it is not clear whether changes in that position are the c...

III Choice of Potential Growth Rate

III Choice of Potential Growth Rate »

Source: A Review of the Fiscal Impulse Measure

Series: Occasional Papers

Author(s): Ahsan Mansur , Richard Haas , and Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 May 1986

ISBN: 9780939934607

Keywords: inflation, fiscal impulse, budget balance, fiscal policy, budget deficit

Both the fiscal impulse and structural balance measures are sensitive to the assumed rate of potential GDP growth. The gap between potential and actual output directly enters into the calculation of the cycl...

Asset Prices, Monetary Policy, and the Business Cycle

Asset Prices, Monetary Policy, and the Business Cycle »

Volume/Issue: 1994/6

Series: IMF Policy Discussion Papers

Author(s): Garry Schinasi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1994

DOI: http://dx.doi.org/10.5089/9781451971927.003

ISBN: 9781451971927

Keywords: inflation, monetary policy, inflationary pressures, price inflation, monetary fund

The business cycle in several industrial countries during the period 1989-1993 was different from previous post World War II business cycles in important ways. This paper describes the unique character of the recen...

Monetary Policy in the New Normal

Monetary Policy in the New Normal »

Volume/Issue: 2014/3

Series: Staff Discussion Notes

Author(s): Tamim Bayoumi , Giovanni Dell'Ariccia , Karl Habermeier , Tommaso Mancini Griffoli , and Fabian Valencia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 April 2014

DOI: http://dx.doi.org/10.5089/9781475561784.006

ISBN: 9781475561784

Keywords: Cross country analysis, Central bank autonomy, Central bank independence, Central banks, Financial stability, Monetary policy, Macroprudential Policy, inflation, central bank, monetary fund

The proposed SDN would take stock of the current debate on the shape that monetary policy should take after the crisis. It revisits the pros and cons of expanding the objectives of monetary policy, the merits of tu...

IV Adjustments for Changes in Unemployment and Unemployment Compensation

IV Adjustments for Changes in Unemployment and Unemployment Compensation »

Source: A Review of the Fiscal Impulse Measure

Series: Occasional Papers

Author(s): Ahsan Mansur , Richard Haas , and Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 May 1986

ISBN: 9780939934607

Keywords: inflation, fiscal impulse, budget balance, fiscal policy, budget deficit

Under the present fiscal impulse methodology of the Fund, the growth of government expenditures other than unemployment insurance benefits is regarded as cyclically neutral if it is equal to the growth of po...